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An employee's vacation will roll over year to year, but once he or she reaches 17.5 days, no more vacation will accrue until the vacation bank falls below that amount.
A maximum of 40 hours of accrued and unused PTO time may be carried over from one calendar year to the next. Employees will not be able to "sell" unused PTO hours back to the company unless authorized by the company president.
Generally, under Arkansas Code § 11-4-405, an employer must issue a final paycheck to a terminated employee within seven (7) days, so long as the employee demands or request payment. Otherwise, the employer can issue the final paycheck on the next regularly scheduled pay date.
Carryover PTO refers to vacation time that an employee had not used one year, and is allowed to literally 'carry over' into the next year.
The State minimum wage is: $9.25 per hour effective January 1, 2019; $10.00 per hour effective January 1, 2020; $11.00 per hour effective January 1, 2021. The Arkansas Minimum Wage Act covers employers with 4 or more employees.
Speak to your employer Try speaking informally to your employer if you're having problems with your pay. You could also try speaking to your human resources or payroll department, if there is one. Ask them to explain anything you don't understand on your payslip or why you haven't been paid.
What is a Use It or Lose It Vacation Policy? A use it or lose it PTO policy limits employees' time off by prohibiting any rollover. This typically involves resetting an employee's PTO balance at the end of the year (either calendar year or anniversary year, depending on how your company operates).
Under Arkansas law, employees are entitled to certain leaves or time off, including jury duty leave, crime victim leave, military leave, voting leave and organ or bone marrow donation leave. See Time Off and Leaves of Absence.
State employees are entitled to sick leave with full pay computed on the basis of 1 day for each complete month of service including the probationary period. Only 120 days of sick leave may be carried over at the end of the calendar year.
Arkansas Final And Unclaimed Paychecks LawsEmployers can withhold money from the employee's last paycheck if the employee owes your organization. Believe it or not, you just can't keep a paycheck that an ex-employee doesn't take.